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LTTS Share Price Target
L&T Technology Services Ltd.
Sector: Engineering
Sector: Engineering
LTTS Share Price *
1,606 -18.85 (-1.16%)
* (quote may be delayed)
LTTS Share Price Forecast - Consensus
| No. of reports in last year | 11 |
| No. of analysts | 5 |
| Average Consensus Forecast | 1920.91 |
| Consensus Potential | 15.01% |
LTTS Share Price Target - Broker Reports - 2019
Prabhudas Lilladher
22-Jul-19
Price @ Call: 1596
Target: 1693
ACCUMULATE
We reduce our revenue estimates by 2.6% & 3.4% in FY20E/21E to factor in weakness of Communication, Hi-Tech (~23% of total revs) & lower guidance.Hence, our EPS gets revised downwards by ~2.5%/ ~3.1%. We believe the volatility in management commentary can weigh on the premium multiples. We believe conversion of deal pipeline especially in Hi-tech will be keenly watched. We expect USD revenue & EPS CAGR of 13% & 9% from FY19-FY21E respectively. We value at LTTS at 20X FY21E earnings to arrive at a change target price of Rs.1693(Earlier: Rs.1835). The stock currently trades at 20.6X/18.9X FY20/21E EPS of Rs. 77 & Rs.85. Maintain Accumulate.
HDFC Securities
22-Jul-19
Price @ Call: 1513.45
Target: 1955
BUY
We maintain BUY on LTTS following an in-line 1Q performance. We lower est. by ~3% to factor near-term weakness in Telecom/Hi-tech vertical, however broad- based wins/pipeline provide growth visibility (continues to be industry leading). Our TP is Rs 1,955, at 20x Jun-21E EPS.
Prabhudas Lilladher
5-May-19
Price @ Call: 1724.11
Target: 1835
ACCUMULATE
HDFC Securities
4-May-19
Price @ Call: 1724.11
Target: 1860
BUY
Joindre Capital Services
17-Apr-19
Price @ Call: 1675.91
Target: 2200
BUY
HDFC Securities
21-Jan-19
Price @ Call: 1637.35
Target: 2030
BUY
Prabhudas Lilladher
18-Jan-19
Price @ Call: 1689.45
Target: 1780
ACCUMULATE
LTTS Share Price Target - Broker Reports - 2018
Axis Direct
24-Dec-18
Price @ Call: 1679.83
Target: 1845
BUY
AnandRathi
30-Oct-18
Price @ Call: 1684.59
Target: 2042
BUY
HDFC Securities
26-Oct-18
Price @ Call: 1550.43
Target: 1950
BUY
AnandRathi
15-Oct-18
Price @ Call: 1474.8
Target: 1940
BUY
Prabhudas Lilladher
28-Aug-18
Price @ Call: 1602.05
Target: 1780
BUY
AnandRathi
16-Aug-18
Price @ Call: 1534.45
Target: 1940
BUY
Edelweiss
24-Jul-18
Price @ Call: 1306.55
Target: 1725
BUY
Edelweiss
23-May-18
Price @ Call: 1342.16
Target: 1650
BUY
JM Financial
22-Mar-18
Price @ Call: 1201.45
Target: 1350
BUY